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News Office demand in Bucharest stays flat in 2022
25
Jan
2023

Office demand in Bucharest stays flat in 2022

by Property Forum
Demand for office space in Bucharest was flat at 286,100 sqm in 2022 compared to the previous year, while the vacancy rate fell slightly to 12.54%. Demand was driven by the IT sector, which had a share of more than 25% of the office leasing market, according to JLL Romania.
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News Office leasing in Romania down in H1 2022
16
Sep
2022

Office leasing in Romania down in H1 2022

by Property Forum
The office leasing market in Romania has recorded a fall of 18% in gross take up in the first half of 2022 compared to the same period of last year, although Bucharest has seen a slight increase, according to a report by real estate consultancy JLL Romania.
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New leases

  • Two new shops, ISpot and Rituals, have opened in the Forum Gliwice shopping centre. A larger Half Price has also started operating. The centre is owned by Deka Immobilien and managed by MVGM.
  • Lux Med Group has joined the group of tenants in Kraków's The Park complex, opening a dental clinic in the office building. The clinic has taken up an area of almost 900 sqm in the B1 building.
  • Flexible office operator CitySpace will launch its fifth location in Warsaw in October. The development in the Nowogrodzka Square office building owned by the French property manager will operate under the name CitySpace Novo and will occupy 2,500 sq m on two floors.

New appointments

  • Pascal Gadet became General Manager of the Radisson Collection Hotel Warsaw on 1st of July this year. A native of the Netherlands, Pascal Gadet has more than 30 years' experience in the hotel industry and has been with the Radisson Group for 20 years.
  • The Office Agency team at Avison Young has gained a new member. Aleksandra Mącik has joined the team as a Consultant.
  • Marcin Kucinski, previously Chief Operating Officer, has been appointed General Manager at Royal Tulip Warsaw Apartments, replacing Rafal Kincer, who took over as CEO of Polski Holding Hotelowy as of 15th of July 2024.

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